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Hundreds of millions of people in China, India, Indonesia, and Brazil are eager to enter the marketplace. Yet multinational companies typically pitch their products to emerging markets' tiny segment of affluent buyers, and thus miss out on much larger markets further down the socioeconomic pyramid—which local rivals snap up. By applying the authors' recommendations, you can position yourself to compete innovatively in developing countries—and to unlock major new sources of revenue for your business. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world.
Award-winning book showcases case studies uncovering the exploitation of labor and class in the Global South Winner of the 2018 Paul M. Sweezy—Paul A. Baran Memorial Award for original work regarding the political economy of imperialism, Value Chains examines the exploitation of labor in the Global South. Focusing on the issue of labor within global value chains, this book offers a deft empirical analysis of unit labor costs that is closely related to Marx’s own theory of exploitation. Value Chains uncovers the concrete processes through which multinational corporations, located primarily in the Global North, capture value from the Global South. We are brought face to face with various state-of-the-art corporate strategies that enforce “economical” and “flexible” production, including labor management methods, aimed to reassert the imperial dominance of the North, while continuing the dependency of the Global South and polarizing the global economy. Case studies of Indonesian suppliers exemplify the growing burden borne by the workers of the Global South, whose labor creates the surplus value that enriches the capitalists of the North, as well as the secondary capitals of the South. Today, those who control the value chains and siphon off the profits are primarily financial interests with vast economic and political power—the power that must be broken if the global working class is to liberate itself. Suwandi’s book depicts in concrete detail the relations of unequal exchange that structure today’s world economy. This study, up-to-date and richly documented, puts labor and class back at the center of our understanding of the world capitalist system.
In A Theory of Imperialism, economists Utsa Patnaik and Prabhat Patnaik present a new theory of the origins and mechanics of capitalism that sounds an alarm about its ongoing viability. Their theory centers on trade between the core economies of the global North and the tropical and subtropical countries of the global South and considers how the Northern demand for commodities (such as agricultural products and oil) from the South has perpetuated and solidified an imperialist relationship. The Patnaiks explore the dynamics of this process and discuss innovations that could allow the economies of the South to achieve greater prosperity without damaging the economies of the North. The result is an original theory of imperialism that brings to light the crippling limitations of neoliberal capitalism. A Theory of Imperialism also includes a response by David Harvey, who interprets the agrarian system differently and sees other factors affecting trade between the North and the South. Their debate is one of the most provocative exchanges yet over the future of the global economy as resources grow thin, populations explode, and universal prosperity becomes ever more elusive.
An authoritative political history of one of the world's most important empires on the road to decolonisation. Ronald Hyam's 2007 book offers a major reassessment of the end of empire which combines a study of British policymaking with case studies on the experience of decolonization across Africa, Asia and the Caribbean. He describes the dysfunctional policies of an imperial system coping with postwar, interwar and wartime crises from 1918 to 1945 but the main emphasis is on the period after 1945 and the gradual unravelling of empire as a result of international criticism, and the growing imbalance between Britain's capabilities and its global commitments. He analyses the transfers of power from India in 1947 to Swaziland in 1968, the major crises such as Suez and assesses the role of leading figures from Churchill, Attlee and Eden to Macmillan and Wilson. This is essential reading for scholars and students of empire and decolonisation.
We have long been told that corporations rule the world, their interests seemingly taking precedence over states and their citizens. Yet, while states, civil society, and international organizations are well drawn in terms of their institutions, ideologies, and functions, the world's global corporations are often more simply sketched as mechanisms of profit maximization. In this book, John Mikler re-casts global corporations as political actors with complex identities and strategies. Debunking the idea of global corporations as exclusively profit-driven entities, he shows how they seek not only to drive or modify the agendas of states but to govern in their own right. He also explains why we need to re-territorialize global corporations as political actors that reflect and project the political power of the states and regions from which they hail. We know the global corporations' names, we know where they are headquartered, and we know where they invest and operate. Economic processes are increasingly produced by the control they possess, the relationships they have, the leverage they employ, the strategic decisions they make, and the discourses they create to enhance acceptance of their interests. This book represents a call to study how they do so, rather than making assumptions based on theoretical abstractions.
This book is the first major attempt to examine the cultural manifestations of the demise of imperialism as a social and political ideology in post-war Britain. Far from being a matter of indifference or resigned acceptance as is often suggested, the fall of the British Empire came as a profound shock to the British national imagination, and resonated widely in British popular culture. The sheer range of subjects discussed, from the satire boom of the 1960s to the worlds of sport and the arts, demonstrates how profoundly decolonisation was absorbed into the popular consciousness. Offers an extremely novel and provocative interpretation of post-war British cultural history, and opens up a whole new field of enquiry in the history of decolonisation.
Winner of the first Paul A. Baran-Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, John Smith's Imperialism in the Twenty-First Century is a seminal examination of the relationship between the core capitalist countries and the rest of the world in the age of neoliberal globalization.Deploying a sophisticated Marxist methodology, Smith begins by tracing the production of certain iconic commodities-the T-shirt, the cup of coffee, and the iPhone-and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North. From there, Smith draws on his empirical findings to powerfully theorize the current shape of imperialism. He argues that the core capitalist countries need no longer rely on military force and colonialism (although these still occur) but increasingly are able to extract profits from workers in the Global South through market mechanisms and, by aggressively favoring places with lower wages, the phenomenon of labor arbitrage. Meticulously researched and forcefully argued, Imperialism in the Twenty-First Century is a major contribution to the theorization and critique of global capitalism.
A best-selling journalist’s illuminating tour through the hidden legacies and modern realities of British empire that exposes how much of the present-day United Kingdom is actually rooted in its colonial past. Empireland boldly and lucidly makes the case that in order to understand America, we must first understand British imperialism. "Empireland is brilliantly written, deeply researched and massively important. It’ll stay in your head for years.” —John Oliver, Emmy Award-winning host of "Last Week Tonight with John Oliver" With a new introduction by the author and a foreword by Booker Prize-winner Marlon James A best-selling journalist’s illuminating tour through the hidden legacies and modern realities of British empire that exposes how much of the present-day United Kingdom is actually rooted in its colonial past. Empireland boldly and lucidly makes the case that in order to understand America, we must first understand British imperialism. Empire—whether British or otherwise—informs nearly everything we do. From common thought to our daily routines; from the foundations of social safety nets to the realities of racism; and from the distrust of public intellectuals to the exceptionalism that permeates immigration debates, the Brexit campaign and the global reckonings with controversial memorials, Empireland shows how the pernicious legacy of Western imperialism undergirds our everyday lives, yet remains shockingly obscured from view. In accessible, witty prose, award-winning journalist and best-selling author Sathnam Sanghera traces this legacy back to its source, exposing how—in both profound and innocuous ways—imperial domination has shaped the United Kingdom we know today. Sanghera connects the historical dots across continents and seas to show how the shadows of a colonial past still linger over modern-day Britain and how the world, in turn, was shaped by Britain’s looming hand. The implications, of course, extend to Britain’s most notorious former colony turned imperial power: the United States of America, which prides itself for its maverick soul and yet seems to have inherited all the ambition, brutality and exceptional thinking of its parent. With a foreword by Booker Prize–winner Marlon James, Empireland is a revelatory and lucid work of political history that offers a sobering appraisal of the past so we may move toward a more just future.